Bonanzle has been around for a year now (out of beta). We've been watching it grow for the better part of this year at least.

According to the site Power Sellers Unite, Bonanzle is a little over 100,000 listings away from becoming the top alternative to eBay. Right now, it is only behind eBid, and of course eBay itself.
eBay appears to even be recognizing Bonanzle as legitimate competition. A new survey from the company asked participants which other websites they use to sell items, and it listed Amazon Marketplace, Overstock, Craigslist, personal website/online store, and Bonanzle.

Bonanzle is currently developing an API that will allow third party developers to develop tools to enhance users' Bonanzle experience. This is expected to launch by the end of September. Bonanzle also recently launched an affiliate program called the Syndicated Seller" program.
Bonanzle previously told WebProNews that it doesn't really focus on competing with eBay. They said this competition was something that was probably paid more attention to by users than themselves.
Tags: internet news, live news, online community, web news, web pro news